Which one of the following is financial instrument is used by the exporter and importer to fulfill their short term financial requirement?

a. Commercial Papers

b.Bankers acceptances

c.Treasury Bills

d.Certificate of Deposits

Which one of the following is not considered as internal sources of finance?

1. Arranged through outsiders such as suppliers

2. Arranged through loans from commercial banks

3. Arranged through issue of shares

4. Arranged within the business

a.1 and 2 Only

b.1 and 3 Only

c.1, 2 and 3

d.1, 2, 3 and 4